please be honest....cpo price came out 10 % last week so its 10% from the all time high which is significant. get your facts straight and do not mislead readers
the reason why plantation stocks are selling off is because we are entering peak production season. Any CPO trader can tell you that. So if we are entering high production season, the market would also discount the potential of peak earnings soon. Either way just be mindful that there is no sure thing in the markets and be mindful if someone tells you so
Why the market is giving Subur Tiasa a very low PE ratio rating is bcos the company ' s audited accounts are qualified by the auditors with concerns over it's bad financial situation.
For the auditors of Subur to qualify it's audited accounts bcos it's current liabilities far exceed it's current assets indicates financial solvency issues in the future.
Ah koon prmoting palm oil shares cos he and his stoopid niece must have bought a lot and want to dispose them for a super profit but problem is that last 1-2 weeks, palm oil shares dropping heavily
no matter how high the price is, if the volume is down it means less revenue. 17% !!!!!! SOP and TAANN are in better position than SUBUR. Avoid SUBUR and its siblings at all cost and don't catch a falling knife!
Blog: Hengyuan’s profit growth is doubtful - Koon Yew Yin
Posted by emsvsi > May 7, 2022 1:00 PM | Report Abuse
Dear Mr Koon,
It is clear that you are selling oil palm and buying Heng Yuan. However you must remember what happened in the past in Heng Yuan where you and many others were burnt badly. Remember, what goes up must come down. Especially a cyclical stock like Heng Yuan. All the promoters will disappear when Heng Yuan crashes to the depths of the world, and when the 'crack spread' and one off inventory gains turn to losses
At the moment plantation stock are price modestly using sustainable cpo price of Rm 4000 mah!
With the current price above Rm 6000, even if indonesia comeback to the export mkt....that will not affect plantation share price bcos it is not overvalue....as it is not value base on cpo rm 6000 mah!
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Posted by skoh888 > 2022-05-09 12:38 | Report Abuse
please be honest....cpo price came out 10 % last week so its 10% from the all time high which is significant. get your facts straight and do not mislead readers